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In September 2021, The Reserve Bank of New Zealand released an issues paper that considers the introduction of a New Zealand Dollar-issued digital currency that could be used to innovate and support central bank money. The risk of New Zealand falling behind international standards exists if we don’t innovate and adopt a robust CBDC.

Building resilience through technology is something that all businesses should have started thinking about or better yet, actioning, yesterday. As we come into the digital age, businesses have to take the leap in letting go of the status quo.

The festive season means shopping, celebrating, and going on holiday – but unfortunately, it’s also Christmas time for the bad guys. When we conduct our business online, we give them more opportunities than ever to steal our money and our information.

Not for Profit organisations need reserves to fund organisational change and improvements, and to provide a buffer for potential events that will adversely affect the organisation.

Our specialist payroll assurance team can conduct a review of your payroll system configuration and processes, and then help you and your team to implement any necessary recalculations.

Environmental, social and governance (ESG) credentials are no longer merely a ‘nice to have’: they are a must have for much of the mid-market.

Mandatory climate related reporting on the way for some NZ businesses. The Government is establishing a standardised approach to climate-related reporting for certain entities to disclose their progress on emission reduction in a way that’s transparent and consistent.

Government’s interest deductibility rules the most controversial tax policy to date were changes to the tax system to counter what it saw as favourable treatment for investors in residential housing.

Family Business Survey 2021

Care worker shortage: Here comes the tipping point

Privy Council confirms directors’ duties are still owed for insolvent companies

When uncertainty is the new normal, standing still isn’t an option. From cashflow management to supply chain, when major events or market changes cause disruption, it’s critical that organisations continuously strategise against their unique level of vulnerability in order to keep moving forward.

Grant Thornton New Zealand is delighted to announce the appointment of three new partners who have been active participants and influencers in the NZ cloud market for over a decade.

For well over 100 years the Incorporated Societies Act 1908 has enabled community related organisations to become incorporated for a wide variety of purposes. However, this Act is now outdated and deficient in many respects.

Our summary of the key facts that are relevant to you and your business.

Our industry experts weigh in on what Budget 2021 means for certain sectors as well as New Zealand’s tax landscape.